Morning Report: FTSE 100 nervous, gold higher as second wave concerns resurface

Headlines from the Proactive UK newsroom.

FTSE 100 dipped as the rise in coronavirus infections in Germany and China unsettled the market. The index dropped 25 to 6,266. Gold rose to a one month high of US$1,750 per ounce overnight as Asian markets wobbled on the coronavirus scare. Bulls of the metal see it rising above US$1,800 in the short term.

Boris Johnson is expected to announce tomorrow if the UK hospitality sector can reopen on 4 July and if the 2m distance rule will be lowered. Some pub owners have already said publicly they will open on 4 July regardless of what the PM says.

JD Sports Fashion PLC (LON:JD.) has confirmed its camping arm Go Outdoors has filed a notice to appoint administrators. The retailer said the notice creates an immediate moratorium around the company for ten business days.

Integumen PLC (LON:SKIN) said it has signed a material transfer agreement (MTA) with a company called Aptamer Group that will allow the pair to develop and manufacture a kit to detect SARS-CoV-2 in wastewater. Integumen will provide the Aptamer Group with access to its manufacturing facilities.

FastForward Innovations Ltd (LON:FFWD) said that its portfolio firm, mobile game developer Leap Gaming, has expanded its partnership with 888 Holdings PLC (LON:888). The AIM-listed firm said the deal will see a number of Leap’s titles become available through the 888casino website.

SIMEC Atlantis Energy Limited (LON:SAE) has got the regulatory nod for the transfer of a lease to develop a tidal project in Normandy. The authorities have approved the transfer of the lease to develop the 12 megawatt (MW) tidal power project.

Directa Plus PLC (LON:DCTA) said it has been granted its sixth patent in the Chinese market for its G+ graphene technology. The company said the new patent covers the use of G+ technology in bicycle, motorcycle and passenger car tyres as well as truck and bus radial tyres.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


Trackwise Designs 'offers a product nobody else in the world can deliver'

Trackwise Designs (LON:TWD) CEO Philip Johnston introduces his company Trackwise Designs to Proactive Investors. Johnston explains their strategy to manufacture to customer specification, specialist products using printed circuit technology. He says they are a 'build to print manufacturer...

6 hours, 54 minutes ago

2 min read